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EssentialThe Essential Conversation

Is It Time for a Fresh Look at Money, Debt, and Deficits?

Featuring Steve Keen and Alfonso Peccatiello

Mar 15, 2022 • 44 minutes

Essential

The Essential Conversation

Is It Time for a Fresh Look at Money, Debt, and Deficits?

A renegade academic goes on the offensive against neoclassical economics.

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Featuring Steve Keen and Alfonso Peccatiello

Mar 15, 2022 • 44 minutes

What if everything you think you know about money creation is wrong? In a fascinating conversation with Real Vision’s Alfonso Peccatiello, contrarian economist Steve Keen takes apart some of the most deeply held ideas of neoclassical economists, whom he compares to geocentric astronomers. Misconceptions about money creation, Professor Keen says, have led to unfounded fears of government deficits, which, properly understood, can be used to stimulate and fund innovation. Keen also explores the differences between public and private debt, the effects of fluctuating energy supply on the world economy, and the potential impact of China’s credit bubble. Recorded March 10, 2022.

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The Essential Conversation is the world's premier financial-market-focused conversation series. The smartest people in markets, finance, economics, and business engage in deep-diving discussions about the global macro landscape, generating actionable takeaways that can help your decision-making process. Tune in to peer-to-peer conversations between the brightest minds in the investing world, and tune up your portfolio.

More Episodes

The Essential Conversation is the world's premier financial-market-focused conversation series. The smartest people in markets, finance, economics, and business engage in deep-diving discussions about the global macro landscape, generating actionable takeaways that can help your decision-making process. Tune in to peer-to-peer conversations between the brightest minds in the investing world, and tune up your portfolio.

More Episodes

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